Securities Code: 300567
Securities Code: 123176
Stock Abbreviation: Jingce Electronics
Stock Abbreviation: Jingce Convertible Bond 2
Announcement No.: 2026-086
Wuhan Jingce Electronic Group Co., Ltd.
Announcement on Suspension of Trading for Planning Share Issuance, Convertible Bonds, and Asset Purchase, and Fundraising
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and there are no false records, misleading statements, or significant omissions.
I. Suspension of Trading and Work Arrangements
Wuhan Jingce Electronic Group Co., Ltd. (hereinafter referred to as the "Company") is planning to issue shares, convertible corporate bonds, and pay cash to acquire a portion of the equity of its controlling subsidiary, Shanghai Jingce Semiconductor Technology Co., Ltd. (hereinafter referred to as "Shanghai Jingce" or the "Target Company"), and to raise supporting funds. This is expected to constitute a major asset restructuring and a related party transaction. As certain matters are still uncertain, in order to protect the interests of investors and avoid significant impact on the Company's securities trading, in accordance with the relevant regulations of the Shenzhen Stock Exchange, upon the Company's application, the Company's stock (Stock Abbreviation: Jingce Electronics, Securities Code: 300567) and its derivative convertible corporate bonds (Bond Abbreviation: Jingce Convertible Bond 2, Bond Code: 123176) will be suspended from trading starting from the opening of trading on July 9, 2026 (Thursday).
The Company expects to disclose the transaction plan within 10 trading days, that is, before July 23, 2026, in accordance with the requirements of the "Measures for the Content and Format of Information Disclosure by Companies Issuing Securities No. 26 - Major Asset Restructuring of Listed Companies."
If the Company fails to convene a board meeting to review and disclose the transaction plan within the aforementioned period, the Company's securities will be resumed from trading at the opening on July 23, 2026, at the latest, and the planned matters will be terminated. At the same time, information on the main work, progress, impact on the Company, and subsequent arrangements during the suspension period will be disclosed to fully alert investors to the risks and uncertainties of the relevant matters. The Company undertakes not to plan any major asset restructuring matters within 1 month from the date of disclosure of the relevant announcement.
II. Basic Situation of the Planned Matters